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Tag Archives: baker huges

Top 5 Eagle Ford stories of the week

Getty Image/ NewsCred

5.Texas: the king of jobs When George W. Bush became the 43rd President of the United States, Rick Perry took over the position of Governor of Texas.  When he did, the employment rate skyrocketed and 2.1 million jobs were added to Texas.  This makes Texas the king of jobs in the U.S. Read more from Shale Plays Media’s contributor Danielle Wente ...

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Breaking: Halliburton to purchase Baker Hughes

The company logo of Halliburton oilfield services corporate offices is seen in Houston, Texas April 6, 2012. Credit: Reuters/Richard Carson via NewsCred

Dow Jones reported today that Halliburton may buy Baker Hughes. The companies are two of the largest oil field service companies in the world. Prior to the announcement it has been stated that Baker Hughes is worth around $22 billion dollars. Halliburton has an estimated worth of $47 billion.  Both companies currently have declined to comment on the acquisition. If ...

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The top 5 Eagle Ford stories of the week

fireworks

1. Texas monthly oil production rises Spurred by drilling across Texas and led by the Eagle Ford Shale and Permian Basin, crude oil production in Texas rose more than 23 percent in August compared to August 2013, the Texas Petro Index reports. Oil production totaled an estimated 95.56 million barrels in August compared with 77.6 million barrels in August 2013, ...

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